Myths about an Entrepreneu
- Every business idea needs to be unique or special: Anyone who are able to execute the idea and turn it into a business are referred to as entrepreneurial.
- A person needs a lot of money to start a business: While certain amount of capital is required for take a business off the ground, it varies depending on the business. Many successful businesses began with small investments or limited resources.
- Only a person having a big business is an entrepreneur: Many successful businesses began with small start-up and with limited resources.
- Entrepreneurs are born, not made: It is an assumed that entrepreneurial qualities are inborn and that only people with certain natural talents can become entrepreneurs. This is a myth because an entrepreneurship is a skill that can be learned and developed with experience. So, it is a learned skill, not a natural-born ability.
- One must know everything before starting a business: Entrepreneurs continuously thrive to be in a constant state of learning. Succeeding at entrepreneurship requires energy, innovation and the ability to push yourself outside your comfort zone.